Russia Ruble Plunges To New Record Low After OPEC Decision

Spot the difference…

Tick for tick lower with crude… at WTI tests as low as $67.75

 

The last time we were here, chatter of intervention saved the Ruble but since then the central bank has suggested it would let the currency float freer…

 

and seriously devaluaing since the peak in oil…

 

Or as Shinzo Abe would call it – Success!!

Charts: Bloomberg




via Zero Hedge http://ift.tt/1HIYZ5h Tyler Durden

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